Occidental Petroleum

Is an international oil and gas exploration and production company.

Launch date

1920

Employees

Market cap

Enterprise valuation

CAD100.9b (Public information from Sep 2024)

Houston Texas (HQ)

http://www.oxy.com/Pages/Home.aspx

https://twitter.com/oxy_petroleum http://www.facebook.com/pages/Occidental-Petroleum-Corporation/221399971298420 https://www.linkedin.com/company/oxy

Corporate Venture Fund: Oxy Low Carbon Ventures

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	17.8b	26.0b	36.6b	28.3b	28.2b	30.3b	30.2b
% growth	(13 %)	46 %	41 %	(23 %)	-	7 %	-
EBITDA	7.3b	13.9b	21.5b	14.0b	14.8b	16.3b	16.6b
% EBITDA margin	41 %	54 %	59 %	49 %	53 %	54 %	55 %
Profit	(14.8b)	2.3b	12.5b	4.7b	3.9b	4.8b	5.4b
% profit margin	(83 %)	9 %	34 %	17 %	14 %	16 %	18 %
EV / revenue	2.8x	2.1x	2.1x	2.5x	2.9x	2.5x	2.4x
EV / EBITDA	6.8x	3.9x	3.5x	5.1x	5.5x	4.7x	4.3x

Date	Investors	Amount	Round
Jan 1978	N/A	N/A	IPO
Jun 2022*	Berkshire Hathaway	$44.0m	Post IPO Equity
Dec 2023*	Berkshire Hathaway	$590m	Post IPO Equity
Jun 2024*	Berkshire Hathaway	N/A	Post IPO Equity
Sep 2024*	US Department of Energy	$650m	Grant
Total Funding		CAD886m

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 5 Canada 1

By Industry

Energy 2 Fintech 2 Chemicals 1 Health 1

By Round

ACQUISITION 4 SPAC PRIVATE PLACEMENT 2 SERIES B 1

exited

ACQUISITION by Occidental Petroleum Oct 2009

Carbon Engineering

ACQUISITION by Occidental Petroleum Aug 2023

Cemvita Factory

CrownRock Minerals

ACQUISITION by Occidental Petroleum Dec 2023

ACQUISITION by Occidental Petroleum Feb 2024